What just happened, in one line and with a link to the source.
RTVC reverts to its name and the Government is reviewing contracts worth more than COP 100 billion. The president pointed to alleged overcosts of more than COP 2 billion in the purchase of a mobile unit, according to Portafolio.
Read the flashPortafolioAndi's outgoing president, Bruce Mac Master, rejected removing the 40% tariff on apparel and warned of risks for producers and jobs. Fenalco's president questions the effects of the measure. The disagreement between the two business associations surfaced amid the debate over the tariff.
Read the flashPortafolioColombia's Chamber of Representatives fixed the procedural flaws in the reform that modifies Colpensiones' functions, according to Valora Analitik. With that step, the rule would be in position to start applying on a date the outlet frames as the starting point for its entry into force, with a substantive change for the entity.
Read the flashValora AnalitikElectronic banking use in Bogotá rose from 36.6% to 68.3% in four years, according to Portafolio. The indicator refers to internet users, and connectivity reaches 80.2% of households in the capital.
Read the flashPortafolioColpensiones recorded close to 26,000 affiliations and transfers in September, according to data from the entity cited by Portafolio. The report also notes that contributors account for 41.5% of its base. The entity also details how many people are retired and the amount of their monthly payments.
Read the flashPortafolioThe mining company Antamina, in Peru, suspended its operations preventively after the death of a worker. The company had been recovering its output after supply fell 9% last year, to 395,121 tonnes of copper.
Read the flashLa RepúblicaShares of Mexican company Becle plunged after it reported a sharp drop in quarterly earnings. Quarterly revenue fell 15% year-on-year, hit by lower volumes and the appreciation of the Mexican peso, according to the report.
Read the flashLa RepúblicaBogotá reduced monetary poverty by nearly 13 points between 2021 and 2025, according to the official report cited by Portafolio. With that reduction, the city exceeded the target set for 2027.
Read the flashPortafolioMagneto 365 is organizing the second edition of the Innovation Summit 2.0, a gathering to be held on November 20 in Bogotá that will bring together business leaders to discuss the future of talent and artificial intelligence.
Read the flashValora AnalitikBanco Sabadell posted a profit of 1.376 billion euros through September, 1% less than a year earlier due to TSB's lower contribution. The bank also announced a dividend of 325 million euros, payable on December 29.
Read the flashmerca2.esThe Martín Pescador brand is investing $1 billion in Panama and entering the United States market. The company projects a sales increase of close to 30% by the end of 2026, according to Portafolio.
Read the flashPortafolioFerrovial posted EBITDA of €1.21 billion through September, up 17.3%, and regains ground on the Ibex 35 after clarifying payments for its I-24 highway. However, traffic on its concessions in the United States and Canada is losing momentum: the NTE falls 2.2% and the I-77 drops 5.2%.
Read the flashmerca2.esMercado Libre reported more than 3.3 million searches tied to Halloween. Breaking the search flow down by category, the platform said costume accessories and makeup rank first.
Read the flashLa RepúblicaDavibank approved the resignation of its legal representatives as part of its integration with Davivienda. The resignations of the team members will take effect on November 1. Only two people remained in their positions.
Read the flashLa RepúblicaA US appeals court upheld the validity of Venezuela's Pdvsa 2020 bonds, according to La República. The bonds are particularly significant because they were backed by stakes in one of Citgo Petroleum's parent companies.
Read the flashLa RepúblicaThe dollar in Colombia started the October 29 session with an upward trend and again approached COP 3,200, according to Valora Analitik's report on the currency's behavior at the start of trading.
Read the flashValora AnalitikRio Tinto opened lithium plants in northwestern Argentina with which it aims to expand its global production to 200,000 tonnes by 2028, according to La República.
Read the flashLa RepúblicaThe euro gained ground against the Colombian peso on October 29: the European currency is trading at 3,521.30 pesos, an increase of 19.30 pesos from its previous quote, according to Portafolio.
Read the flashPortafolioLucas Ariza, president of Indumil, ruled out the purchase of Monómeros and said he sees strong potential in Colombia's mining industry, particularly in the coal sector. He made the remarks in an interview published by Valora Analitik.
Read the flashValora AnalitikThe dollar opened the session $18.32 higher, in a day marked by falling oil prices amid the possibility of a December rate hike. December-delivery Brent fell about 1.2% and WTI posted a drop of nearly 1.3%, amid the conflict in the Middle East.
Read the flashLa RepúblicaUnemployment in Chile reached 9.8% in September, its highest level in five years, according to the published information. There were 1,007,976 unemployed people, a figure that surpasses that threshold for the first time since October 2020.
Read the flashLa RepúblicaCarlos De Hart, a businessman from Santander, is seeking to become president of ANDI. According to the published information, one of his early milestones came in 2005, when he took over the regional management of ANDI for Santander and Norte de Santander.
Read the flashValora AnalitikReducing the workweek to 42 hours would condition the increase in Colombia's minimum wage, according to the discussion reported by Valora Analitik. Business leaders have asked that the rise in labor costs from the minimum wage increase be taken very much into account.
Read the flashValora AnalitikUS GDP grew 3.4% through September, driven by domestic consumption and spending on artificial intelligence, according to La República. The figure beat the 3.2% average forecast in a Bloomberg survey of economists.
Read the flashLa República
